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Glottis Limited — Earnings Release 2026
Feb 16, 2026
60092_rns_2026-02-16_aa2e4943-47ff-46f9-93a2-0d96b570a56d.pdf
Earnings Release
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February 16, 2026
To,
National Stock Exchange of India Limited Exchange Plaza, C-1, Block G Bandra Kurla Complex Bandra (E), Mumbai – 400 051
BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – 400 001
SYMBOL: GLOTTIS
SCRIP CODE: 544557
Dear Sir/Ma’am
Sub : Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations, 2015”)
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulation”), we hereby enclose a copy of the Press Release on the Un- Audited Financial Results for the 3rd quarter ended December 31, 2025.
The copies of the same can be accessed from the website of the Company at https://www.glottislogistics.in/.
This is for your kind information and records.
Thanking you, Sincerely, For Glottis Limited
NIBEDIT Digitally signed by NIBEDITA A PANDA Date: 2026.02.16 PANDA 17:19:54 +05'30' Nibedita Panda Company Secretary and Compliance Officer M. No: A68844
Encl. as above
Q3 and 9M FY26 Press Release
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Q3 FY26 Revenue from Operations at Rs. 1,439 Million
Q3 FY26 EBITDA at Rs. 40 Million, with a margin of 2.8%
Q3 FY26 Ocean Freight – Import were 20,710 TEU
Chennai, 16[th] February 2026: Glottis Limited (“Glottis” or the “Company”) (BSE: 544557 | NSE: GLOTTIS), one of the leading freight forwarders offering end-to-end logistics solutions including ocean freight forwarding, air freight forwarding, road transportation; along with other ancillary services, has announced its unaudited financial results for the quarter ended 31[st] December 2025.
Q3 and 9M FY26 Financial Performance:
Rs. Million
| Q3 FY26 | Q3 FY25 | Y-o-Y | Q2 FY26 | Q-o-Q | 9M FY26 | 9M FY25 | Y-o-Y | |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 1,439 | 1,977 | (27.2)% | 2,147 | (33.0)% | 5,267 | 6,340 | (16.9)% |
| EBITDA | 40 | 188 | (78.8)% | 181 | (78.0)% | 390 | 623 | (37.4)% |
| EBITDA Margin% | 2.8% | 9.5% | 8.4% | 7.4% | 9.8% | |||
| PAT | 27 | 135 | (79.9)% | 124 | (78.1)% | 270 | 448 | (39.7)% |
| PAT Margin% | 1.9% | 6.8% | 5.8% | 5.1% | 7.1% | |||
| EPS | 0.29 | 1.68 | (82.7)% | 1.54 | (81.2)% | 3.21 | 5.60 | (42.7)% |
Q3 FY26 Revenue Contribution:
By Segment
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1%
3% 4%
14%
78%
Ocean Freight - Import
Ocean Freight - Export
Air Freight - Import
Air Freight - Export
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By Geography
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5% [1%] 0%
3%
8%
83%
Asia
North America
Africa
Europe
South America
Australia
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By Industry
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19%
33%
8%
5%
5%
9% 20%
Renewable Energy
Engineering Products
Home Appliances
Granites & Minerals
Logistics
Agro
Others
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Road Transport
1
Q3 and 9M FY26 Press Release
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Commenting on the performance Mr. Ramkumar Senthilvel, Managing Director said:
“The third quarter of FY2026 was shaped by softer global trade activity, continued pressure on freight rates and cautious shipment planning by customers across key routes. Against this backdrop, the company remained focused on protecting customer relationships, maintaining service quality and aligning capacity with demand conditions across sea and air freight operations.
Revenue from operations for the quarter was Rs. 1,439 million. Movement in revenue during the quarter reflects lower shipment volumes and rate corrections across major trade lanes, especially in ocean freight. Sea Import continued to be the primary business vertical, contributing about 79% of total revenue. At the same time, Sea Export share improved sequentially to 14.5% of revenue, supported by higher activity from select export-oriented customers and better traction on specific outbound routes.
Under the Air freight segments, the company continued to service time-sensitive cargo requirements for existing customers, while being selective on yields and routes. The broader logistics environment during the quarter was marked by excess capacity in certain shipping corridors and rate volatility, which impacted realizations.
Profitability during the quarter was affected by lower realizations and operating leverage impact from reduced volumes. EBITDA for the quarter was Rs. 40 million with a margin of 2.8%. Profit after tax was Rs. 27 million with a margin of 1.9%. During this period, the company focused on variable cost alignment, tighter shipment-level margin checks and controlled overhead spending to limit the impact of the softer market on earnings.
On the operational side, the company handled 20,710 TEUs during the quarter. Volumes were lower compared to earlier periods in line with industry trends, where importers and exporters adopted a more measured approach to inventory and shipment planning. Despite lower volumes, engagement with core accounts remained active. Contribution from the top five customers was 31% in Q3 and 38% for the nine-month period, indicating continued support from established relationships even as shipment sizes moderated.
From a geographic perspective, Asia continued to be the leading region, contributing about 83% of revenue in Q3 and 84% in the nine-month period. In terms of end-user industries, renewable energy remained a meaningful contributor with around one-third share of revenue in the quarter. Engineering products contribution increased to about 20% during the quarter compared to the previous quarter, driven by higher dispatches from machinery and industrial component exporters, partially offsetting the slowdown seen in some other cargo categories.
Overall, the nine-month performance reflects a mixed demand environment with a softer third quarter after a relatively better first half. The company’s approach remains centered on disciplined shipment selection, strengthening multimodal capabilities and expanding wallet share with existing customers. With a wider service network and diversified sector exposure, the focus remains on improving shipment quality, customer retention and margin discipline as market conditions stabilize.”
For further information, please contact:
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Nibedita Panda
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Abhishek Dakoria / Akshay Hirani
Company Secretary and Compliance Officer
+91 22 6169 5988
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Q3 and 9M FY26 Press Release
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Glottis: Business at a Glance
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Geographic Footprint of Import and Export Operations
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Q3 and 9M FY26 Press Release
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About Glottis:
Founded in 2004, Glottis Limited is an integrated logistics solutions provider headquartered in Chennai, Tamil Nadu. The Company offers a diversified portfolio of multimodal services across ocean, air, and road transportation, along with ancillary offerings such as warehousing, customs clearance, third-party logistics (3PL), and project logistics, enabling end-to-end management of domestic and international cargo movement. With over two decades of industry experience, Glottis has established a strong operational footprint across key Indian trade hubs including Chennai, Mumbai, New Delhi, Gujarat, Kolkata, Tuticorin, Coimbatore, Bengaluru, and Cochin, and a global presence across 120+ countries through a network of 256+ overseas agents, 124 shipping lines and agencies, 77 transporters, 59 customs house agents, 16 airlines, and 32 container freight stations. The Company caters to a diverse clientele across industries such as renewable energy, engineering, home appliances, timber, minerals, agroproducts, automotive, chemicals, and textiles, and handled over 110,000 TEUs of ocean freight in FY 2025
Disclaimer:
Statements in this document relating to future status, events, or circumstances, including but not limited to statements about plans and objectives, the progress and results of research and development, potential project characteristics, project potential and target dates for project related issues are forward-looking statements based on estimates and the anticipated effects of future events on current and developing circumstances. Such statements are subject to numerous risks and uncertainties and are not necessarily predictive of future results. Actual results may differ materially from those anticipated in the forward- looking statements. The company assumes no obligation to update forwardlooking statements to reflect actual results changed assumptions or other factors.
Registered Address:
New No. 46, Old No. 311, Thambu Chetty Street, Chennai – 600 001, India